Mines Auction

First auction of its kind: 13 offshore mineral blocks up for bidding

Offers include sand blocks in Kollam, lime mud in Porbandar, and polymetallic reserves near Great Nicobar Island

FPIs hike exposure to Indian metals and mining companies, shows data

FPI shareholding in state-owned Nalco and Coal India has risen 54 bps each, while that in Hindustan Copper has jumped 130 bps

Madhya Pradesh hopes to get technology boost at mining conclave 2024

During the strategic and technical sessions of the conclave, there will be discussions on topics like coal and energy, limestone and cement industry and mineral beneficiation, among others

Rajasthan to launch new mineral policy to boost revenue, streamline mining

The policy will be unveiled before the "Rising Rajasthan" summit in December based on stakeholder input

India's maiden auction for critical minerals turns out to be a dampener

Govt back to drawing board to improve prospects in future rounds, industry expects more support

Govt makes offshore mineral rules stricter but eases awarding process

The mines ministry has identified 10 offshore mineral blocks for potential auction and is holding inter-ministerial consultation to secure approval

India's critical minerals: EV boom ahead, but policy gaps persist

The Centre has also extended the concessional Customs duty of 5 per cent on Li-ion cells until March 2026

Maiden critical minerals block results likely to be announced on Monday

More than two dozen blocks will also be put on the bidding block in fourth blocks

Nearly 20 critical mineral blocks to be put up for sale by June-end

Offshore mineral auction within three months

India's critical and strategic mineral auctions face three-month delay

Final date to select the preferred bidders for remaining seven mineral blocks has been deferred to July 8

Shift in copper market dynamics: Changing fortune of two companies

As one incumbent struggles legally, a new entrant is planning to ramp up capacity, according to schedule

India's maiden critical minerals bid: Experts caution on ecological impact

During the launch of the auction process on November 29, Union Minister of Mines Pralhad Joshi said that the collective value of these 20 blocks was estimated to be $5.4 billion (Rs 45,000 crore)

100 critical mineral blocks to be auctioned before Feb 2024: Mines minister

Around 15 offshore blocks will also be auctioned in March

In a first, exploration licences to private agencies for mineral projects

A total of 17 projects, including 11 of critical minerals, provided to the five NPEAs are in Maharashtra, Madhya Pradesh, Chhattisgarh, Odisha, Gujarat and Karnataka

Digging deeper: Govt expects production of critical minerals in 4 years

Govt aims to expedite processes to hasten clearances, auction

Govt advances ASP standardisation for critical and strategic minerals

The government on November 29 initiated the process to auction the first tranche of Rs 45,000 crore worth of 20 blocks of critical and strategic minerals

From Tata Steel to NMDC, big firms weigh bids for critical mineral blocks

Tata Steel, Vedanta, NMDC among mining giants exploring the opportunity

20 blocks of critical minerals, including J&K reserves, put up for auction

Out of the 20 blocks available, four have been specifically earmarked for mining leases, leaving the remaining 16 blocks intended for composite licenses

Govt to launch first-ever auction of critical mineral blocks on Wednesday

The lack of availability of these minerals or concentration of their extraction or processing in a few countries may lead to supply chain vulnerabilities

Govt to start critical minerals auction in few weeks, says official

It is also set to notify draft rules for exploration licences for the resources